Click the following link to read my article on INVESTING.com: http://www.investing.com/analysis/conn%E2%80%99s-inc.-(conn)-preview-for-april-13,-2015-248222 Content provided to and re-published from http://www.INVESTING.com Please read the Disclaimer!
Breaking one-year old downtrend line in March was a nice first step for reversing the downtrend. Short-term bullish but will face serious resistance from old gaps down. CONN stock price (2 years) Chart from Stockcharts.com Please read the Disclaimer!
Consecutive gaps down will give CONN shares hard time as they function like resitance. CONN stock price (2 years) Chart from Stockcharts.com Please read the Disclaimer!